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20121204
20121204
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. stuart: i think he had a round of golf with former president bill clinton just the other day. >> yeah. stuart: and bill clinton was-- you voted for him, twice. >> i sure did, he was a good president. stuart: do you think there's they chance that some of the moderation of blirn will rub off on the leftism of president obama? >> no, i think that clinton's leverage is gone totally. he supported obama totally in the election. without clinton i don't think that obama would have been reelect and that's what he did for him. and what clinton could do in the future, i don't know. i don't know why obama is so insistent on higher tax rates except it fits his rhetoric. stuart: at the end of the day, i think that the republicans will actually submit on the issue of higher tax rates. it may be just tax rates higher for those making half a million a year, i think they'll retreat a little bit. >> i think, too, what i'd like to see the republicans do, i'd like to see them pass a bill extending tax cuts below $250,000 and everyone agrees those should be put through and then put through another bill tha
, that's something that will -- >> howard goes on and on. clinton tax rates on everybody. will it cause a problem? yeah, short recession, but we get defense cuts which republicans would never agree to otherwise, there are human service cut which is we won't like, but the least possible damage. and it's a serious down payment on the deficit. the wall street people ringing their hands are really full of it. i'm not sure what. but full of something because they're going to see a big drop on wall street but it will come roaring back because somebody has done something. so you have him and all their friends and the right and all their friends and the president who i don't think if he can ever get out of campaign mode. it's a full on campaign again. putting one party into -- >> you're right, the amt will hit more people in the middle class and raise their effective tax rate to a higher rate than they were today. and you won't -- >> you have obamacare 4% on everyone, too. >> if you lieu numerically, it doesn't make sense if one side says we're not going to race taxes on the middle class -- >>
overturned. it is very similar to what erskine bowles, the former clinton chief of staff, who was the co-leader of the simpson- bowles commission, separate from that commission, mr. bowles testified before the super committee last year and testified at that time. republicans say that their current model is modeled after that offer. the simpson-bowles model has gone on lot of talk in the last two years. it is proposed on democrats in these discussions. on the revenue side, but $800 billion that they are offering, that is the same of what speaker john vader, offered the president in their negotiations -- speaker john boehner offered the president in their negotiations in 2011. the white house has consistently signaled a loss of of weeks that they will not accept any deal that keeps tax rates for the wealthy. >> russell burma is a staff writer for the hill. thank you. >> thank you. >> and you can go to our website c-span.org to read the letter that the president wrote to house rubble can survey. journal" iston goura live at 7:00 a.m. eastern on c- span. the greatest threat to national and e
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